AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.4% APRnext payment −$0.50 per $10,000 · paid last 24h −0.014%

Price spread now: Orderly against KuCoin−0.125%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.125% cheaper against KuCoin than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AAVEUSDTM	143.60	0.0100	pay 0.0100% / 8h	3h 55m	$10.6M	$9.3M	75x
Short	Orderly PERP_AAVE_USDC	143.42	0.0050	get 0.0050% / 8h	3h 55m	$18K	$10K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee OrderlybpOrdersPrice spread, now −0.125%Rate

Funding earned: −$10.44
Price spread: −0.125% → 0.000%: −$12.53
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$40.97
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 3 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 3 min ago	0.35 bp	20.1 bp −$20	33.3 bp −$333	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AAVE on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX AAVE-USD	0.0000%	1h	143.66	+0.038%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.44	−0.111%	$55K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.47	−0.091%	$220K	$401K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.41	−0.136%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.624%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.26	−0.236%	—	—	20x	as long as short
Orderly PERP_AAVE_USDCshort	+0.0050%	8h	143.42	−0.125%	$18K	$10K	10x
Phemex AAVEUSDT	+0.0051%	8h	143.47	−0.091%	$4.0M	$3.7M	50x	as long as short
Phoenix AAVE	+0.0056%	1h	143.71	+0.077%	$4K	$106K	10x	as long as short
Nado AAVE-PERP	+0.0056%	1h	143.85	+0.178%	$846K	$404K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AAVE	+0.0096%	1h	143.84	+0.165%	$4.6M	$2.1M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.59	−0.009%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.59	−0.006%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.70	+0.070%	$329K	$447K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.83	+0.160%	$64.2M	$187.6M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.82	+0.153%	$61.8M	$67.6M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.81	+0.146%	$17.2M	$64.7M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.90	+0.209%	$64K	$200K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.53	−0.745%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.80	+0.139%	$8.2M	$15.9M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.81	+0.146%	$25.1M	$23.7M	200x	as long as short
KuCoin AAVEUSDTMlong	+0.0100%	8h	143.60	long leg	$10.6M	$9.3M	75x
Bitget AAVEUSDT	+0.0100%	8h	143.76	+0.111%	$29.3M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.81	+0.146%	—	$43.8M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	143.38	−0.153%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.58	−0.014%	$103K	$278K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.54	−0.043%	$462K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.60	0.000%	$133K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.91	+0.216%	$125K	$439K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.35	−0.176%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.37	−0.160%	$5K	$311K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.55	−0.035%	$690K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.72	+0.084%	$906K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.39	−0.143%	$121K	$146	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0117%	1h	143.53	−0.049%	$337K	$720K	10x	as long as short
01 Exchange AAVEUSD	+0.0120%	1h	143.87	+0.188%	$11K	$2K	5x	as long as short
RISEx AAVE/USDC	+0.0132%	1h	143.85	+0.171%	$185K	$250K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.49	−0.077%	$3.3M	$3.6M	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0247%	1h	143.49	−0.078%	$3.4M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	143.40	−0.139%	$112K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0360%	1h	143.82	+0.153%	$789K	$2.8M	50x	as long as short
Hyperliquid AAVE	+0.0391%	1h	143.76	+0.111%	$79.0M	$36.7M	10x	as long as short